Curtain Raiser

The Climate Alarm Went Off, Colltalers

The U.N. Climate Summit, which starts tomorrow in New York, is a last-ditch effort by Secretary-General Ban Ki-moon to engage governments and corporations in the climate change issue. It’s also a way to prevent next year’s official conference in Paris from turning into a complete fiasco.
Thus, just in case the urgency of the matter is lost to those decision makers, thousands have marched yesterday in major cities around the world, to demand action and pressure political and corporate leaders, who so far, have shown an appalling, less-than-enthusiastic response to the crisis.
As the decision to call up the summit has been criticized by many, for giving equal footing in the conversation to both governments dedicated to increase environmental protection rules, and well-known polluters, it may also put the spotlight on both parties’ true intentions. Just as the rallies, which were organized by climate organizations, seemed to have underlined a powerful message: we, the world, will be watching you.
And the U.S., as usual, has an oversized role to play, if it chooses to do so. Or should we say, a lot of catch up to do, since the Bush administration decided, in 2001, to withdraw from the Kyoto Protocol, an already timid agreement to reduce carbon dioxide emissions.
Whereas measures such as carbon capture or increased taxation were also on the table, overall, the protocol did have its shortcomings. But the U.S.’s rejection opened the floodgates and gave tacit approval to the fossil-fuel energy industry to boost even more oil drilling in pristine regions, and ramp up coal prospection, ultimately giving rise to highly pollutant new technologies such as fracking.
It’s been since a costly game of hide and seek by American officials, both from the Bush and Obama administrations, as the oil and gas industry continues to dictate the nation’s energy policy, and investments in alternatives remain plagued by partisan gridlock in the U.S. congress.
Speaking of costs, Ban Ki-moon’s has emphasized that policies with a minimal chance of being effective have to be backed by hard cash. The richest among the 125 nations Continue reading